Loan for NRI?

[ABCD]

Hi, I am NRI working in UK, planning to start my own business in India, so looking for a loan to start my business. I have permanent residence in India, in which my parents are living. I have a query - Is there any bank, which will provide business start up loan for NRI?

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[CA_Amit]

Most of the bank provide loans to NRI. Just visit any bank, you will easily get it.

[Expert]

Yes, But you need to provide all the documents required by them. And also tell them how your are going to return them? Plus they also check your - Experience, Margin requirements, Collateral's, Guarantee etc.

[ABCD]

Thanks guys. But do I need to submit PAN No. also? If yes, please also let me know the procedure to get the same.

Thanks a lot again!